Sig-Final-Prospectus-Bond-Issue-2015
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IMPORTANT NOTICE THIS OFFERING IS AVAILABLE ONLY TO INVESTORS WHO ARE NON-US PERSONS AND ADDRESSEES OUTSIDE OF THE US IMPORTANT: You must read the following before continuing. The following disclaimer applies to the attached Prospectus accessed via internet or otherwise received as a result of such access and you are therefore advised to read this disclaimer page carefully before reading, accessing or making any other use of the attached Prospectus. In accessing the attached Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO. THE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT''), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR OTHER JURISDICTION, AND, SUBJECT TO CERTAIN EXCEPTIONS, THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, US PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT). THE FOLLOWING PROSPECTUS MAY NOT BE FORWARDED OR DISTRIBUTED TO ANY OTHER PERSON AND MAY NOT BE REPRODUCED IN ANY MANNER WHATSOEVER. ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THIS DOCUMENT IN WHOLE OR IN PART IS UNAUTHORISED. FAILURE TO COMPLY WITH THIS DIRECTIVE MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR THE APPLICABLE LAWS OF OTHER JURISDICTIONS. Confirmation of your Representation: In order to be eligible to review this Prospectus or make an investment decision with respect to the securities described herein, investors must not be a US Person (as defined in Regulation S under the Securities Act). You have been sent the attached Prospectus on the basis that you have confirmed to UBS Investment Bank, being the sender of the attached, (i) that you and any customers that you represent are not US Persons, (ii) that the electronic mail (or e-mail) address to which it has been delivered is not located in the United States of America, its territories and possessions, any State of the United States or the District of Columbia (where "possessions'' include Puerto Rico, the US Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands) and (iii) that you consent to delivery by electronic transmission. You are reminded that the Prospectus has been delivered to you on the basis that you are a person into whose possession the Prospectus may be lawfully delivered in accordance with the laws of jurisdiction in which you are located and you may not, nor are you authorised to, deliver the Prospectus to any other person. The materials relating to the offering do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. Also, there are restrictions on the distribution of the attached Prospectus and/or the offer or sale of Notes in the member states of the European Economic Area. If a jurisdiction requires that the offering be made by a licensed broker or dealer and the underwriters or any affiliate of the underwriters is a licensed broker or dealer in that jurisdiction, the offering shall be deemed to be made by the underwriters or such affiliate on behalf of the Issuer in such jurisdiction. The Prospectus may only be communicated to persons in the United Kingdom in circumstances where section 21(1) of the Financial Services and Markets Act 2000 does not apply. The Prospectus has been sent to you in an electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of electronic transmission and consequently none of UBS Investment Bank, the Syndicate Banks or any person who controls any of them or any director, officer, employee or agent of any of them or affiliate of any such person accepts any liability or responsibility whatsoever in respect of any difference between the Prospectus distributed to you in electronic format and the hard copy version available to you on request from UBS Investment Bank, if lawful. Prospectus dated 25 June 2015 Services industriels de Genève CHF 150,000,000 1.25% Bonds 2015 – 2025 (the “Bonds”) Issuer’s Name and Services industriels de Genève, chemin du Château-Bloch 2, 1219 Le Lignon, Switzerland registered office: (“SIG” or the “Issuer”) Amount: CHF 150,000,000 Interest Rate: 1.25% p.a., payable annually in arrears on 30 June, for the first time on 30 June 2016. Issue Price: The Syndicate Banks have purchased the Bonds at 100.869% of the nominal amount (before commission). Placement Price: The Placement Price of the Bonds will be fixed in accordance with supply and demand. Payment Date: 30 June 2015 Maturity Date: 30 June 2025, redemption at par. Reopening of the The Issuer reserves the right to reopen this issue according to the terms and conditions Issue: of the Bonds. Denominations: CHF 5,000 nominal and multiples thereof. Form of the Bonds: The Bonds will be issued as uncertificated securities (droits-valeurs; Wertrechte) in accordance with art. 973c of the Swiss Code of Obligations and, upon registration in the main register (registre principal; Hauptregister) of SIX SIS Ltd., will constitute inter- mediated securities (titres intermédiés; Bucheffekten). Bondholders do not have the right to request the printing and delivery of definitive Bonds. Covenants: Pari Passu, Negative Pledge, Cross Default and Change of Control. Listing and Trading: Listing will be applied for in accordance with the standard for Bonds of the SIX Swiss Exchange. The Bonds have been provisionally admitted to trading on the SIX Swiss Exchange on 26 June 2015. The last trading date will be the second business day prior to the Maturity Date. Governing Law The Bonds are governed by, and construed in accordance with Swiss law. Place of jurisdiction and Jurisdiction: for the Bonds and all related contractual documentation shall be Geneva, Switzerland. Selling Restrictions: In particular U.S.A., U.S. persons, European Economic Area and United Kingdom Security Number/ 28.201.900 / CH0282019006 / 124947065 ISIN/Common Code: UBS Investment Bank Credit Suisse Banque Cantonale de Genève / Banque Cantonale Vaudoise / Zürcher Kantonalbank (the “Syndicate Banks”) SELLING RESTRICTIONS General Save for having listed the Bonds at the SIX Swiss Exchange, no action has been or will be taken in any jurisdiction by the Issuer or the Syndicate Banks that would permit a public offering of the Bonds, or possession or distribution of any offering material in relation thereto, in or from any country or jurisdiction where action for that purpose is required. In addition to the specific selling restrictions set out below, each Syndicate Bank undertakes to comply with all applicable laws and regulations in each country or jurisdiction in which it purchases or in or from which it offers, sells or delivers the Bonds or has in its possession or distributes any offering material in respect of the Bonds, in all cases at its own expense. United States of America and United States Persons Each Syndicate Bank understands that the Bonds have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States or to or for the account or benefit of U.S. persons (except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act). Each Syndicate Bank has also represented, warranted and agreed that it has not offered or sold, and will not offer or sell, any Bonds constituting part of its allotment within the United States or to or for the account or benefit of U.S. persons except in accordance with Rule 903 of Regulation S under the Securities Act (“Regulation S”). Each Syndicate Bank has also represented, warranted and agreed that it has offered and sold the Bonds, and will offer and sell the Bonds (i) as part of its distribution at any time, and (ii) otherwise until 40 days after the later of the commencement of the offering and the Payment Date (the “Distribution Compliance Period”), only in accordance with Rule 903 of Regulation S. Each Syndicate Bank agrees that, at or prior to confirmation of sale of Bonds, it will have sent to each distributor, dealer or person receiving a selling concession, fee or other remuneration that purchases Bonds from it during the Distribution Compliance Period a confirmation or notice to substantially the following effect: “The Securities covered hereby have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of their distribution at any time, or (ii) otherwise until 40 days after the later of the commencement of the offering and the Payment Date, except in either case in accordance with Regulation S under the Securities Act (“Regulation S”). Terms used above have the meanings given to them by Regulation S.” Each Syndicate Bank has represented and agreed that neither it, its affiliates nor any persons acting on its or their behalf have engaged or will engage in any “directed selling efforts” with respect to the Bonds. Terms used above have the meanings given to them by Regulation S. European Economic Area Each Syndicate Bank